Sq.Ft.3,200
Year1901


Status:
Sold
Property Type:Triplex
MLS #:1596206
Sq. Feet:3,200
Date Sold:11/22/2021
County:Jefferson
Beautiful, Fully-Rented, absolutely turnkey, exceedingly nice, Separately metered, Brick, late 19th Century TriPlex, on one of Old Louisville's sought-after streets, biking or walking distance from Downtown or U of L. $32,220 to $35,160* / Yr projected potential rental income. 7-8 years ago property was GUTTED, inside and out, and totally rebuilt/ restored w/ Higher end finishes and ATTN to QUALITY in order to attract high-end, quality, long-term tenants (@ premium market rents). Leaded Glass common entry door greets you and ushers you across restored historic tile to Large units, w/ practical floor plans, high ceilings, gleaming refinished hardwood floors, separate utility meters & separate HVAC. 2 large 2 BR a 1 BR/ 1 BA 3rd Flr apt, all with their own in-unit Washer-Dryer. All have... ...updated Kitchens w/ Granite countertops, new cabinetry & tile floors and New, tiled Baths.
7-8 yrs ago, property underwent major renovation w/ complete replacement of roof, electrical, plumbing/ water heaters & HVAC systems.
* $32,220 to $35,160 / Yr projected potential gross rent is based on Rentometer estimates of market rent for higher end of range- $983 to $1,074/Mo each for # 1 & # 2 (both 2 BR units) and $719 to $782/ mo for #3, a 1 BR unit. (See Rentometer screen shots attached to photos RE projected rent amt).
Current rents are below full-market rate potential.
Current, lease-specified rent @ full occupancy is $2,300 mo - $900 (#1 / lease Exp 4/30/2022) , $900 (#2 / lease Exp 11/30/2021) and $500 (# 3/ now mo-to-mo lease, exp 5/30/2018)
7-8 yrs ago, property underwent major renovation w/ complete replacement of roof, electrical, plumbing/ water heaters & HVAC systems.
* $32,220 to $35,160 / Yr projected potential gross rent is based on Rentometer estimates of market rent for higher end of range- $983 to $1,074/Mo each for # 1 & # 2 (both 2 BR units) and $719 to $782/ mo for #3, a 1 BR unit. (See Rentometer screen shots attached to photos RE projected rent amt).
Current rents are below full-market rate potential.
Current, lease-specified rent @ full occupancy is $2,300 mo - $900 (#1 / lease Exp 4/30/2022) , $900 (#2 / lease Exp 11/30/2021) and $500 (# 3/ now mo-to-mo lease, exp 5/30/2018)
Detailed Maps
Community Information
Address:1444 S 2Nd, Louisville, KY 40208
Area:1 - Downtown / Old & West Louisville / Shively
County:Jefferson
City:Louisville
Subdivision:Old Louisville
Zip Code:40208
Architecture
Year Built:1901
Construction Features: Brick
Roof Features: Composition, Shingle
Features / Amenities
Exterior Features: Porch
Heating: Forced Air, Natural Gas
Cooling: Central Air
Square Footage
Finished Sq. Ft. | Unfinished Sq. Ft. | |
Above Grade | 3200 | 0 |
Below Grade | 0 | 1300 |
Non-Conforming | 0 | 0 |
Total | 3200 | 1300 |
Rooms
Level | # Rooms | # Bedrooms | # Bathrooms |
Main Level | 4 | 2 | 1 |
Level 2 | 4 | 2 | 1 |
Level 3 | 3 | 1 | 1 |
Property Features
Lot Dimensions:33 x 125
Lot Features: Sidewalk
Utilities Features: City Sewer, City Water, Fuel:Natural
Directions:Eastern Parkway to Right (North) on S 3rd St to S 2nd. Property is between W Burnett and W Magnolia Ave, 2 doors North of W Burnett on the Left/ West side of the street
Tax and Financial Info
Owner Pays: See Remarks, Sewer, Water
Tenant Pays: Cable, Electric, Gas
Schools
Similar Listings
Similar Recently Sold
Listing Information Last Updated 2/2/2023

Copyright 2023 Metro Search, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Eagan Realty Group are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.